1645 N Mayfield Avenue
Chicago, IL, 60639 $ 379,000
Bedrooms5 Baths3.0 Monthly Estimate*
$ 2,393
for $379,000 with 5 bedrooms and 3 full baths. This home was built in 1920.
INVESTOR ALERT! Exceptional value-add opportunity in Chicago's rapidly growing Austin neighborhood! This classic 2-unit brick building is perfect for investors looking to renovate, build equity, or expand their rental portfolio. Situated on a quiet, tree-lined street, each spacious unit features 6 rooms including a living room, formal dining room, kitchen, 2 bedrooms, and a den off the rear porch, offering an excellent layout with endless potential. The full basement includes a bedroom, full bathroom, laundry area, and ample storage space, providing even more possibilities. Outside, you'll find an enclosed rear patio, front yard, and a 2-car garage. Conveniently located near North Avenue, public transportation, the Hanson Park Metra station, shopping, restaurants, parks, schools, and everyday conveniences, this property is ideally positioned in an area experiencing continued investment and redevelopment. Sold strictly AS-IS. Cash or Conventional financing only. Property will not qualify for FHA financing. Whether you're looking for your next rehab project, a long-term investment, or an income-producing property with tremendous upside, this is an opportunity you don't want to miss!
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Construction Materials Brick
Year Built 1920
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Community Features Park Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status New
Directions West on North Avenue to Mayfair and turn right to your destination.
High School Prosser Career Academy Senior Hi
City Chicago
High School District 299
MLS Area CHI - Austin
Elementary School Lovett Elementary School
Tax Annual Amount 5968.16
Middle/Junior High School Lovett Elementary School
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Partially Finished Full
Total Bedrooms 5
Room Type Den
Total Baths 3
Bedrooms Possible 5
Bathroom Soaking Tub
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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ExteriorParking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 30 X 129
Waterfront Y/N N
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* Excluded FeaturesList ByFulton Grace RealtyBroker
soldbyleticia@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,393
- Monthly Property Taxes
- $497
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $622,859
Percent of Sale Price 64%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
5341820 Elementary School
5341820 Middle School
Prosser Career Academy Senior Hi High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/10/2026 | $379,000 | | Listed Price |